All of us need substantial money to fulfill current and future responsibilities, but we need to achieve them by staying stress-free too. Otherwise what is the use of money if we constantly visit hospitals or have spoiled relationships? Hence the points mentioned below have proved that if implemented , a person will have a stressRead More
credit cards
How to Create Wealth? A DIY Series to Learn Wealth Creation Basics- Part -4
This is Part 4 of the series- How to Create Wealth – Do-It-Yourself Way. A recap- we learned how to Start Creating Wealth by calculating our Net Worth and identifying Assets & Liabilities in Part 1. Then we progressed to making Budgets, do Budgeting and knowing Savings potential in Part 2. We further went aheadRead More
How does EMI on credit card work ?
Are you one of those shopalcohlic people who buy goodies without having any money to pay for the product and subsequently use the EMI on credit card option to pay over a period of time without understanding how does EMI on credit card work ? If yes, then forthcoming months are going to render youRead More
What are Prepaid Gift Cards ?
In India, gifting is a wide spread phenomenon. You give gifts on birthdays, when a child is born and on other less happy occasions like marriages as well. Buying physical gifts from malls and kirana stores is most common; some parents and grand parents have upped the ante by gifting life insurance policies especially from LIC.Read More
Credit card pitfalls – how to avoid them
I can’t help writing about credit card pitfalls and how to avoid them – my latest client’s financial planning has gone horribly wrong as he lives on his 4 credit cards. He is flamboyant, he is shopaholic and has no clue on how to read a credit card statement. He thought he knew all theRead More
5 Tips on Using Your Credit Card Wisely
Credit card dues are an expensive proposition. So, here are some tips on using your credit card wisely, because the lure of buy today and pay later gets the better of most of the investors very easily. Credit card liabilities are the worst form of loans available in the market today because of their highRead More